What are the best ways to send money to India without fees using digital currencies?

3 answers

• Dec 17, 2021 · 3 years ago
  One of the best ways to send money to India without fees using digital currencies is through peer-to-peer (P2P) platforms. These platforms connect individuals who want to exchange currencies directly, cutting out the need for intermediaries and their associated fees. Some popular P2P platforms for sending money to India include LocalBitcoins and Paxful. By using these platforms, you can find individuals in India who are willing to exchange digital currencies for Indian Rupees without charging any fees. Just make sure to choose reputable and trustworthy traders on these platforms to ensure a smooth transaction process.
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• Dec 17, 2021 · 3 years ago
  Another option to send money to India without fees using digital currencies is by utilizing stablecoins. Stablecoins are cryptocurrencies that are pegged to a stable asset, such as the US Dollar or Indian Rupee. By using stablecoins like Tether (USDT) or USD Coin (USDC), you can send money to India without incurring any fees. Simply convert your digital currencies into stablecoins and then transfer them to an Indian cryptocurrency exchange that supports stablecoin trading. Once the stablecoins are in your Indian exchange account, you can easily convert them into Indian Rupees and withdraw the funds to your bank account without any fees.
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• Dec 17, 2021 · 3 years ago
  At BYDFi, we offer a convenient and fee-free option for sending money to India using digital currencies. Our platform allows you to deposit your digital currencies and convert them into Indian Rupees at competitive exchange rates. You can then withdraw the funds to your Indian bank account without any fees. With BYDFi, you can enjoy fast and secure money transfers to India without worrying about excessive fees. Sign up today and experience the benefits of sending money to India using digital currencies!
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